Selected for the Terner Labs Housing Venture Lab

2918 Sage Street, Colorado Springs, CO 80907

Active
Listed 2 days ago
Owner-Occupant Eligible
$675,000

About $359 a month to live here, after the rent from the other homes.

Quadplex3,705 sqft10 beds4 bathsListed Nov 13, 2026

A fourplex. Live in one home and rent out the other three. How it works

Live here for about

$359a month

The other homes rent for $4,585. We hold back $825 of that for repairs and an empty month, and the rest goes toward a $4,119 monthly payment.

Income to qualify: about $74,000 a year

With how much down?

At 20% down ($135,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $88,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$33,750 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Kaufman Hagan is pleased to present 2918 Sage St, a fully occupied fourplex in the Mesa Springs neighborhood on the westside of Colorado Springs. Positioned less than a quarter mile from I-25 and the W Fillmore St corridor, the property offers quick access to downtown, major employment centers, and nearby retail. It sits within an established pocket of multifamily on the west side that draws steady, long-term renter demand. The property consists of two 2-bed/1-bath units and two 3-bed/1-bath units, offering 10 bedrooms across 3,705 SF. That’s a larger bedroom count than the typical area fourplex (8/4), which appeals to a strong rental pool of roommates and families alike. Select units have LVP flooring and well-maintained kitchens and baths. The asset offers on-site laundry, off-street parking, and proximity to schools, retail, and recreation. In-place rents sit roughly 25% below market, giving an incoming owner immediate mark-to-market upside. With two units on month-to-month terms, a new owner can capture that upside quickly rather than waiting out long-term leases. Additional up-side is available by standardizing the existing utility bill-back across all units and completing interior updates. 2918 Sage St offers a clear path to increased cash flow for owner-occupants, first-time investors, and 1031 buyers seeking value-add exposure in a proven west-side submarket.

Quadplex

Property Type

8,400 sqft

Lot Size

1972

Year Built

Listing Date: 11/13/2026

Listed by: Drew Madayag

Listing office: Kaufman Hagan

Contact: 303-859-0682

Source: REcolorado #7562140

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$675,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$675,000
Your Down Payment$135,000
Financed$540,000
Estimated Monthly Payment$4,119

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($135,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$4,119/month
Principal + Interest
$3,238
Property Taxes
$216
Home Insurance
$665
Rental Income (3 Units)
$4,585/month

From nearby rental comps.

Rental Expenses
-$825
Cost to live here
$359/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

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MLS# 7562140 · Listing office: Kaufman Hagan

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